Abstract
This article is concerned with the evaluation and selection of development projects in the context of strategic product planning, which is equally as complex as crucial for the success of a company. Although numerous methods and tools are available, there are no ideal "off-the shelf" methods which are suited to every specific application. The authors describe how a relevant method can be selected, adapted and implemented to the application-specific boundary conditions. This procedure is exemplified by the company LEWA Herbert Ott GmbH & Co KG. In addition, the initial situation for the evaluation and selection of development projects is illustrated, both at LEWA and in SMEs in general. Various approaches for the evaluation and selection of developement projects are presented. Furthermore, the article describes how LEWA, based on the results and experiences of a study focussed purely on amortisation time, selected F&E portfolios as an evaluation method, adapted them to their own needs and successfully implemented these in their company.
| Translated title of the contribution | Successful planning of development projects |
|---|---|
| Original language | German |
| Pages (from-to) | 296-301 |
| Number of pages | 6 |
| Journal | ZWF Zeitschrift fuer Wirtschaftlichen Fabrikbetrieb |
| Volume | 99 |
| Issue number | 6 |
| DOIs | |
| State | Published - Jun 2004 |